Latest Stock Market News

REC rose by as much as 3.5% on Thursday to Rs 416.10 on the BSE, while PFC gained 2.9% to Rs 407.10. Macquarie set a target price of Rs 700 for REC and Rs 660 for PFC, suggesting an upside potential of about 68% and 62%, respectively, from current levels.

Japan s Nikkei share average ended higher on Thursday, tracking overnight strength in Wall Street, as concerns over the impact of U.S. President Donald Trump s tariff policy eased, although declines in chip-related stocks limited the overall gains.

The crypto market surged on Wednesday, with Bitcoin reaching $92,793 before settling at $92,464, marking a 6.28% gain in 24 hours. Ethereum rose 5.5% to $2,294, while Cardano, Solana, and Dogecoin saw gains of up to 8%.

Castrol India shares: Saudi Aramco is considering a potential bid for BP s Castrol lubricants business, according to a Bloomberg News report on Wednesday, citing sources familiar with the matter.

The consumption trend in India has weakened after almost three to four years of fairly strong consumption boost. So, we are positive long term, but slightly cautious in the near term, especially on the consumer, on the organised retail side.

Sunil D Souza, MD & CEO of Tata Consumer, outlines the company s transformation from a commodity-based to a branded company. Emphasizing consumer-centric strategies, Tata Consumer focuses on digital and e-commerce channels. With new businesses boasting higher growth and margins, the company aims for double-digit growth and increasing EBITDA, positioning itself for significant financial and operational advancements.

Bitcoin s market capitalization increased to $1.928 trillion, with a dominance of 60.71%. Its 24-hour trading volume dropped by 14.7% to $50.96 billion. Stablecoins made up 94.15% of the total crypto trading volume, totaling $110.66 billion, according to CoinMarketCap.

Goldman Sachs downgraded BSE Ltd.’s target to Rs 4,230, citing risks from NSE’s shift in options expiry days. The change may impact BSE’s market share and revenue growth. BSE has gained in options trading but faces challenges ahead. Shares traded 1% higher at Rs 4,341.